South Africa’s trade regulator ITAC has recommended raising the anti-dumping duty on polyethylene terephthalate (PET) imported from China by 43.77% after a review into injury to local producers. PET is the key resin used in beverage bottles and food packaging, making the move material for supply chains across consumer goods.
The recommendation still requires government approval and gazetting before taking effect. If implemented, importers could face higher landed costs, potentially lifting packaging prices and squeezing margins for beverage and food manufacturers, while providing price support to domestic PET producers.
Investors should watch for timing of the decision, any exclusions, and industry responses, including shifts to alternative suppliers or greater reliance on local output and recycling. Read ITAC’s media release for details in the full announcement.